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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Intangible assets and goodwill [abstract]  
Summary of Consolidated Goodwill and Intangible Assets of Reportable Segments

The consolidated goodwill and intangible assets of our reportable segments as at December 31, 2022 and 2021 are as follows:

 

 

 

2022

 

 

2021

 

 

 

Wireless

 

 

Fixed Line

 

 

Total

 

 

Wireless

 

 

Fixed Line

 

 

Total

 

 

 

(in million pesos)

 

Franchise

 

 

938

 

 

 

 

 

 

938

 

 

 

1,124

 

 

 

 

 

 

1,124

 

Customer list

 

 

 

 

 

220

 

 

 

220

 

 

 

 

 

 

 

 

 

 

Licenses

 

 

 

 

 

 

 

 

 

 

 

4

 

 

 

 

 

 

4

 

Others

 

 

 

 

 

450

 

 

 

450

 

 

 

 

 

 

28

 

 

 

28

 

Total intangible assets

 

 

938

 

 

 

670

 

 

 

1,608

 

 

 

1,128

 

 

 

28

 

 

 

1,156

 

Goodwill

 

 

56,571

 

 

 

6,370

 

 

 

62,941

 

 

 

56,571

 

 

 

4,808

 

 

 

61,379

 

Total goodwill and intangible assets

 

 

57,509

 

 

 

7,040

 

 

 

64,549

 

 

 

57,699

 

 

 

4,836

 

 

 

62,535

 

Summary of Future Amortization of Intangible Assets

The consolidated future amortization of intangible assets as at December 31, 2022 are as follows:

 

Year

 

(in million pesos)

 

2023

 

 

48

 

2024

 

 

192

 

2025

 

 

192

 

2026

 

 

191

 

2027 and onwards

 

 

385

 

 

 

 

1,008